Aviation Industry Booming Despite Slowdown

The contempo crisis in the aerodynamics industry may accept been a dampener for the advance affairs of aerodynamics training academies, but Uday Punj managing director, Chimes Aviation Academy (CAA) is in no affection to apathetic down, accepting aureate absolutely some distance.

“Our aboriginal acknowledgment to aerodynamics was way aback in 1993 if Punj Lloyd bagged the Hazipur activity project. That’s if we bought a helicopter for our managers and engineers for able and accelerated work,” says Punj.

After a decade-and-a-half, Punj absitively to abstraction the Indian aerodynamics area abundantly and afterwards bottomward the abstraction to alpha an airline business, he zeroed in on active a pilot training academy. “We begin that all the academies in India are mom-and-pop operations.
Moreover, there was hardly any convention with acceptable basement back-up, so we absitively to body a accumulated academy with all-embracing placements in tow,” he adds.

With an inistial basic investment of Rs 30 crore, the close bought its aboriginal agile of eight individual and multi-engine Cessna 172 R aircrafts, an 11,000 sq ft aerodrome at Dhana in Madhya Pradesh.

“We visited abounding academies in and alfresco of the country, and again complete a archetypal based on the Indira Gandhi Rashtriya Uran Akademi (IGRUA), a government-based pilot training,” says Punj.

In March endure year, CAA came into operation. It offers DGCA accustomed chip courses like ‘Commercial Pilots License’ (CPL) and ‘Private Pilots License’ (PPL). It aswell offers customised concise programmes like Multi Engine Rating , Instrument Rating , License Endorsement and Hours Building for CPL and PPL beneath the ‘Chimes Flying Programme.

A 12 months course, it enrolls 120 acceptance a year with an anniversary fee of Rs 22 lakh. “We plan to enhance our agile admeasurement to 18 in a phased address by this year. We are targeting a about-face of Rs 35 crore this fiscal. By 2010-11, our revenues should blow Rs 135 crore,” says Punj.
“Presently our capital claiming is accepting the abridgement in sales tax on fuel,” says Punj. He’s aswell blame for amplification of the academy overseas.

“If an IIM(A) apprentice can acquisition placements in MNCs abroad again why can’t pilots from an Indian convention acquisition placements in all-embracing airlines,” he says. By the additional division of 2009, Punj affairs to run tourism based aerodynamics services

Yogesh Kumar
Chimes Aviation Academy http://www.caaindia.com/

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